oil
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News Africa
Nigeria set to welcome new 50,000 bpd refinery as oil marketers strike major deal
Nigeria’s oil industry is poised for growth as petroleum marketers prepare to launch a new 50,000 barrels per day (bpd)…
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Market
New oil wells boost Ghana’s petroleum revenue to record level
The commencement of new oil wells under the Jubilee South East project has significantly boosted Ghana’s crude oil production. This…
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Market
Oil prices increase as Israel plans to attack Iran
Oil prices climbed early on Monday in the global commodities market over report that Israel plans major attack on Iran.…
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News Africa
Africa’s largest oil refinery set to start producing gasoline
Africa’s largest oil refinery is on the brink of producing significant volumes of gasoline, a landmark moment with the potential…
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News Africa
Oil and gas deposits unearthed in Zimbabwe
Deposits of oil and gas were discovered during a survey in the northern Cabora Bassa region of the country according…
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Market
Gold-for-Oil petrol was sold at GH¢9.60, cheaper than products of most BIDECs – NPA
The National Petroleum Authority (NPA) has refuted assertions in the media that fuel products brought into the country under the…
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Market
Oil drops by 3% to reflect reductions on market
Crude oil prices keep plummeting. The commodity is being traded at about 87 dollars a barrel on the international market…
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Finance
Ghana earns $6.55bn from oil in 10 years
Ghana has earned $6.55 billion in total petroleum receipts between 2011 and 2020, an ‘Assessment of the Management and Use…
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Market
Oil rises as Russia invasion nears Ukraine capital
Oil prices rose on Friday amid investor concerns over tightening supplies as Russian’s invasion of Ukraine entered its second day.…
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Market
Gov’t scales up protection of oil blocks
The Government of Ghana has scaled up protection of the nation’s oil blocks and other natural resources. This follows investments…
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